<Important Notice> Notice on the Implementation of Uncertificated Securities Market (USM) in the Hong Kong Securities Market and Related Fee Adjustment
2026-11-06 13:46 GF Securities (Hong Kong) Brokerage Limited
Dear Valued Client,
Thank you for choosing the services of GF Securities (Hong Kong) Brokerage Limited (“GFSHK”).
The Securities and Futures Commission (SFC) announced that the USM regime will be launched on 16 November 2026.
Please note that our fees and charges for securities deposit and withdrawal services will be adjusted as follows with effect from the Implementation Date:
|
Service |
Current Fee |
Revised Fee |
|
Stock Deposit Charge（S.I. & I.S.I & USI） |
Free of Charge |
Free of Charge *USI account refers to an electronic account established by an investor through an Approved Securities Registrar (ASR) for the purpose of holding and managing participating securities in uncertificated form. |
|
Stock Transfer Fee（S.I. & I.S.I & USI） |
HKD 10.00/lot，min. HKD 100.00 （Calculated per stock, charged upon receiving the stock withdrawal form） |
0.03% of the market value for each security (subject to a minimum charge of HKD100.00) |
|
Transfer and Registration Fee (T&R Fee)-Physical Scrip Deposit |
Free of Charge, physical stock deposit will be charged according to the stock transfer fee stated below, if transfer takes place simultaneously.
|
0.02% of the market value for each security (subject to a minimum charge of HKD20.00) *Scrip fee will be charged separately. |
|
Physical Scrip Deposit Charge -Dematerialisation Fee (deposit and conversion of physical securities into uncertificated form) |
/ |
HKD 5 per certificate (subject to a minimum charge of HKD20.00) *Applicable only to participating securities under the USM regime. |
|
Physical Scrip Withdrawal Charge |
HKD 10.00/lot，min. HKD 100.00 |
0.03% of the market value for each security (subject to a minimum charge of HKD100.00)
|
|
Scrip Fee |
HKD 1.50/lot |
Free of Charge |
For the latest fee rates, please visit our company's official website from time to time: https://gfse.gfgroup.com.hk/en/fee/stock
Should you have any question, please feel free to contact our customer service hotline at (852) 3719-1288.
Yours faithfully,
GF Securities (Hong Kong) Brokerage Limited